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Sinking Spring

Learn about the people, housing, costs and businesses in Sinking Spring, Ohio

Median Home$211,300
Median Rent$626/month
Population107
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Healthcare8% professional services
Home Value Growth⬆⬆⬆+21.7% over 2 years
Retirees41% of residentstop 2% nationally
Homeowners91% of occupied units
NotableHighly Educated45% bachelor's · 16% graduate · top 1% nationally
NotableVeteran Community9% of residents · top 22% nationally
Sinking Spring
OH

Frequently Asked Questions

What are today's mortgage rates in Sinking Spring?

As of today, the 30-year fixed mortgage rate for Sinking Spring is approximately 6.826% (6.860% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Sinking Spring?

The median home value in Sinking Spring is $211k. The median monthly rent is $626. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sinking Spring?

Home values in Sinking Spring have increased 21.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Sinking Spring?

Based on a typical all-in ownership cost of $617/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sinking Spring is $67k/year.

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What industries drive the economy in Sinking Spring?

The largest employment sectors in Sinking Spring are healthcare (26%) and arts, food, and hospitality (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.